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Kiwibank raises fixed home loan rates amid inflation.
Kiwibank has raised its fixed home loan rates across various terms, following a similar move by Westpac, amid worsening inflation.
The bank increased rates for one, two, three, four, and five-year fixed terms, with the two-year rate rising to 5.29%, making it the highest in the market.
Analysts attribute the increases to ongoing economic pressures and rising wholesale lending costs, with expectations that other banks may also adjust their rates.
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Kiwibank eleva las tasas fijas de los préstamos para vivienda en medio de la inflación.